Biomass Secure Power Inc. (OTCPK:BMSP.F) made an offer to acquire wood pellet plant from River Basin Energy, Inc. on August 19, 2015. The closing of the transaction is subject to completion of due diligence and expected to close on or before November 30, 2015.

Biomass Secure Power Inc. (OTCPK:BMSP.F) cancelled the acquisition of wood pellet plant from River Basin Energy, Inc. on October 27, 2015. The acquisition was terminated as the purchase price and required renovations did not meet with the plans of Biomass Secure.